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Search Result for “fossil fuels”

Showing 1 - 10 of 1,165

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

BUSINESS

Bangchak, OR resume B20 sales to reduce fuel costs

Business, Yuthana Praiwan, Published on 30/03/2026

» Two SET-listed energy firms, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years as Thai authorities intensify efforts to diversify energy sources and reduce reliance on imported oil.

BUSINESS

Push for electric bus upgrade by 2029

Business, Ranjana Wangvipula, Published on 30/03/2026

» Caretaker transport minister Phiphat Ratchakitprakarn is stepping up efforts to switch all diesel-powered interprovincial buses in Bangkok to electric buses during the Anutin Charnvirakul administration to save on oil expenses.

BUSINESS

Energy wake-up call

Business, Somhatai Mosika, Suchit Leesa-nguansuk and Komsan Tortermvasana, Published on 30/03/2026

» Business leaders are calling for the government to study long-term energy security strategies to reduce reliance on imported energy and expand access to renewable sources in the wake of the ongoing crisis stemming from war in the Middle East.

BUSINESS

Delayed Iran deadline gives investors a breather

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 28/03/2026

» RECAP: Asian shares ‌pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though there was still no end in sight to the unfolding energy crunch on the global economy.

BUSINESS

Vietnam suspends some fuel taxes to stabilise domestic market

Published on 27/03/2026

» HANOI - Vietnam's Finance Ministry said on ​Friday it ‌has suspended environmental protection and special consumption taxes on fuels to stabilise the domestic market.

BUSINESS

Regulator offers 3 power tariff rates

Business, Yuthana Praiwan, Published on 26/03/2026

» Thai energy regulators are preparing to announce an increase in electricity bills for May to August once they gather public input on an appropriate power tariff rate given the impact of the Middle East war on energy costs.

BUSINESS

Why the Iran war could be a 'game-changer' for EVs - and China's car industry

South China Morning Post, Published on 24/03/2026

» Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles - a sector that helped China overtake Japan to become the world's largest seller of automobiles last year.

BUSINESS

Energy security now a daunting problem

Business, Nareerat Wiriyapong, Published on 23/03/2026

» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.